Pwnage Tool For iOS 5.0.1 Untethered Jailbreak Released

Soon after the release of an untethered iOS 5.0.1 jailbreak via RedSn0w, the Dev Team has just released Pwnage Tool 5.0.1.
For those of you who don't know: Pwnage Tool allows you to preserve your iPhone's baseband by creating a custom IPSW. This is useful if you happen to unlock your iPhone through a Gevy SIM or UltraSn0w.
Pwnage Tool has been made available on the iPhone Dev-Team's blog and is only available for Mac OS X.